The Unaudited reports for the first six months ended June 30th, 2019 of Austin Laz & Company plc revealed an improvement of 7.45% in topline figures to close the period at N205.7 million away from N191.4 million reported same period the previous year in 2018.
The half year reports which hit the market on 12th of July, 2019 showed a growth of about 144% in Profit before Tax to N10.7mn better than N24mn deficit recorded in the preceding year of 2018.
The profit after tax for the period under review soared from N24.8mn deficit in 2018 to N10.6mn in the current report, which implies a growth of 142.8% in (PAT).
The earnings per share consequently grew by 142%, from 2kobo deficit in 2018 to 1kobo in the period under review.
The PE Ratio for the current period stands at 212x and the earnings yield at 0.47%.